What's The Cost Of A 3-Bed House In West London?
West London is one of the most sought-after areas of London for growing families as well as down-sizers, making purchasing a good 3-bed house pretty difficult!
So, how much does a good 3-bed house cost in a prime area of West London?
3-Bed Houses Currently On The Market
Chelsea Townhouse - 2,237 sq ft - £6,950,000
Chelsea Mews House - 2,580 sq ft - £5,950,000
South Kensington Townhouse - 3,099 sq ft - £5,950,000
Hammersmith Townhouse - 1,872 sq ft - £3,500,000
Notting Hill Townhouse - 2,334 sq ft - £4,500,000
Kensington Townhouse - 1,612 sq ft - £2,950,000
Now…
None of these 3-bed houses are under offer/ SSTC (sold subject to contract), so they are all overpriced in the current market…
The property market in London changes on a daily basis.
It changes when properties that are currently on the market go under offer, as this creates new data in terms of what the current price points/ price per sq ft for each location and street is.
“The property market in London changes on a daily basis.”
It also changes when new properties are brought to the market, as this changes the current options for potential buyers, and will make those properties that have been on the market for some time suddenly look less attractive, or in some cases, more attractive.
What 3-bed houses have sold over the last 12 months in prime areas of West London?
3-Bed Houses Sold Over The Last 12 Months
Marylebone Townhouse - 2,497 sq ft - £5,625,000 - Sold November 2023
Belgravia Townhouse - 1,869 sq ft - £5,350,000 - Sold August 2023
Holland Park Townhouse - 2,592 sq ft - £5,250,000 - Sold August 2023
Belgravia Townhouse - 2,961 sq ft - £4,825,000 - Sold April 2023
Knightsbridge Townhouse - 1,967 sq ft - £4,750,000 - Sold August 2023
Belgravia Townhouse - 2,252 sq ft - £4,500,000 - Sold June 2023
Looking at the sold prices shown above, as well as the prices of some of the current 3-bed houses on the market in West London, would you spend that kind of money to live in one of the nicest residential areas in all of London?